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Qin Xie

Coin pot
#Other

There’s now a free Open University course on money

24 May 202025 January 2021

The Open University and Money Saving Expert are collaborating on the course, known as MSE’s Academy of Money. It covers six things: Making good spending decisions, budgeting and taxation, borrowing money, understanding mortgages, saving and investment and planning for retirement. […]

Money
#Employment

Holiday pay must be paid in full while on furlough

24 May 202025 January 2021

If you, like me, are currently on furlough, you might be wondering about the tiny pay bump this month. That’s because holiday pay (eg the two bank holidays this month) must be paid at your full salary, rather than the […]

House key
#Property

Mortgage repayment holidays extended to October

24 May 202025 January 2021 1

Homeowners who are struggling to keep up with mortgage payments can now take a repayment holiday until the end of October. You should only do this if you need to because there are still costs. Although you won’t have to […]

Graph
#Analysis

The UK could see negative interest rates in future

24 May 202025 January 2021

Negative interest rates are being considered for the first time by the Bank of England – a U-turn from the rate setter’s previous position. Up until a week ago, BoE governor Andrew Bailey was squarely against the move, but according […]

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